2.2 Project Expenditure History

Date

Description

Base Date $m

Current $m

Contractor

Notes

2.2 Project Expenditure History

 

 

 

 

 

Prior to Jul 10

 

 

123.8

 

Intelsat Prime

 

 

 

 

0.6

 

Other

3

 

 

 

 

124.4

 

 

FY to Jun 11

 

 

116.3

 

 

 

 

 

 

6.2

 

Intelsat Prime

 

 

 

 

 

122.5

Other

3

Jun 11

Total Expenditure 

 

 

246.9

 

 

 

 

 

 

 

 

 

Jun 11

Remaining Budget

 

 

160.3

 

 

 

 

 

 

 

 

 

Notes

 

1

Government Approved 2nd Pass for the full hosted payload. This figure does not sum precisely due to rounding.

2

Up until July 2010, indexation was applied to project budgets on a periodic basis. The cumulative impact of this approach was $16.5m. In addition to this amount, the impact on the project budget as a result of out-turning was a further $(19.6) m having been applied to the remaining life of the project.

3

Other expenditure comprises project operating expenditure not attributable to the aforementioned contract.